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so if greece stood its ground. the banks. which have to choose one to go down say in a showed they know. this is the truth. secret laboratory to mccurry was able to build the world's most sophisticated robot which fortunately doesn't give a darn about anything tunes mission to teach creation why it should care about humans in the world this is why you should care only on the r.t. dot com. he and some to see. destruction without to see. what could be just ruins lives saved by a great sacrifice. understood by human jets it's. a remarkable reminder of courage and selflessness. beauty is a. russian a site. that. luke lives. speak. with. lisa. lisa. slim on. line i'm a little. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harkin welcome to the big picture.
so if greece stood its ground. the banks. which have to choose one to go down say in a showed they know. this is the truth. secret laboratory to mccurry was able to build the world's most sophisticated robot which fortunately doesn't give a darn about anything tunes mission to teach creation why it should care about humans in the world this is why you should care only on the r.t. dot com. he and some to see. destruction without to see. what could be just ruins lives saved by a great sacrifice....
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so if greece stood its ground. the banks. greece. and merkel was tough to choose one to go down say in a showed they know. this is the truth. little. girls are. there on. the street. you. we're. going. to come out of it in a. moment but i'm a little. you know sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture.
so if greece stood its ground. the banks. greece. and merkel was tough to choose one to go down say in a showed they know. this is the truth. little. girls are. there on. the street. you. we're. going. to come out of it in a. moment but i'm a little. you know sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur...
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Dec 29, 2012
12/12
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this year everything in greece changes. after the crunch down on the greek people, making them pay for a crisis they had nothing to do with, making them a for bailing out the richest folks in greece, etc. the greek people did what no one thought they would. in the last two elections, a majority of greek people did not vote for either of those parties. try to understand what it would mean if a majority of americans voted for night of the republicans or democrats. in the last election the two major parties of greece, new democracy and the socialist party together got under 40% of the vote. and the explosive new party is a party that is a far left wing party that is against all austerity programs and wants to solve greece's problems by taking wealth away from the traditional greek ridge. this is a party that until this year didn't get more the 2% or . this is a party that until this year didn't get more the 2% or 3% of thech . this is a party that until this year didn't get more the 2% or 3% of the. this is a party that until
this year everything in greece changes. after the crunch down on the greek people, making them pay for a crisis they had nothing to do with, making them a for bailing out the richest folks in greece, etc. the greek people did what no one thought they would. in the last two elections, a majority of greek people did not vote for either of those parties. try to understand what it would mean if a majority of americans voted for night of the republicans or democrats. in the last election the two...
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Dec 6, 2012
12/12
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check out greece. that's what happens when a country avoids making tough fiscal decisions for too long. >>> a top republican pollster about what went wrong on their side. a lot of information coming here and why if republicans don't change the way they do business they may be on the losing end of elections for years to come. plus, the black helicopter crowd is at it again. republicans in the senate reject a united nations treaty to ban discrimination against the disabled. they say it would allow u.n. officials to come into this country and force home-schooled children into government-run, that is public schools. senator john kerry joins us to cut through the nonsense. >>> also tonight, the simpson's mr. burns gives us a rich man's look at the fiscal cliff. >> think of the economy as a car and the rich man is the driver. if you don't give the driver, he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. >>> never too early for pollsters to start head to 20
check out greece. that's what happens when a country avoids making tough fiscal decisions for too long. >>> a top republican pollster about what went wrong on their side. a lot of information coming here and why if republicans don't change the way they do business they may be on the losing end of elections for years to come. plus, the black helicopter crowd is at it again. republicans in the senate reject a united nations treaty to ban discrimination against the disabled. they say it...
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Dec 28, 2012
12/12
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KQED
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for greece as a whole, it means that and more. the headlines are about finance ministers, debt deals, austerity measures. but it's become clear that he problem here in greece now goes well beyond just the economy. as a recent european commission report says: after years of weak growth, the crisis is now having severe social consequences. look up and you still see the ancient acropolis, symbol of a glorious past. and some parts of the city bustle with holiday energy. but not far away: closed-up storefronts. and, further below the surface, this: a health clinic set up by the greek branch of the international aid group, doctors of the world to serve the country's newly poor. dr. nikitis kanakis is its director. >> brown: kanakis group, in fact, had to cut back some of its work in africa because of the needs at home. here in perama, unemployment tops 50% as the shrinking economy has crippled much of the local shipping industry. at the same time, the deeply indebted greek government has made dramatic budget cuts, including to health be
for greece as a whole, it means that and more. the headlines are about finance ministers, debt deals, austerity measures. but it's become clear that he problem here in greece now goes well beyond just the economy. as a recent european commission report says: after years of weak growth, the crisis is now having severe social consequences. look up and you still see the ancient acropolis, symbol of a glorious past. and some parts of the city bustle with holiday energy. but not far away: closed-up...
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Dec 23, 2012
12/12
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CSPAN2
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will eventually end up like greece? >> well, look, if i could just answer that, i'm an optimist on america. i believe in america. i'd buy it, you know, if america was a publicly-traded company, i'd buy the stock every day. this country and this economy is tremendously resilient. and one of the great things, i think, about our book is it's got ideas that require action in washington, it's also at state level, individual level and there's some business and corporate level. so, you know, what are the odds? i would, you know, i'm an on the optimist. i would say we will get back to growth. >> kevin? >> the oecd, which is an organization that studies large, developed nations just did a big study to try to identify how big the policy challenges facing the nations around the world are. and they estimated something called the fiscal adjustment, and the fiscal adjustment for greece that they need -- which is either the immediate tax increase or the immediate reduction in spending necessary to make it so that their economy doesn't
will eventually end up like greece? >> well, look, if i could just answer that, i'm an optimist on america. i believe in america. i'd buy it, you know, if america was a publicly-traded company, i'd buy the stock every day. this country and this economy is tremendously resilient. and one of the great things, i think, about our book is it's got ideas that require action in washington, it's also at state level, individual level and there's some business and corporate level. so, you know,...
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greece prepares for yet another twenty four hours still as people protest against growing cuts and a disintegrating economy the details just ahead here on all to. wealthy british style it's time to. market why not come to. find out what's really happening to the global economy with my next concert for a no holds barred look at the global financial headlines tune into kinds a report on our. choose your language because we can we know if you're going to. choose to use the consensus here. choose to opinions that immigrate to. choose the stories that impact your life choose the access to. me leave. it. at least. to me speak your language the. whole programs and documentaries in arabic it's all here on the altar reporting from the world's hot spots of the ip interviewers intriguing story for you to. been trying all te arabic to find out more visit our big dog t.v. dog called. led mission and free accreditation free transport charges free. range month free risk free stereotypes free eldon mold free broadcast quality video for your media projects a free media oh god r t dot com. but. oh fuc
greece prepares for yet another twenty four hours still as people protest against growing cuts and a disintegrating economy the details just ahead here on all to. wealthy british style it's time to. market why not come to. find out what's really happening to the global economy with my next concert for a no holds barred look at the global financial headlines tune into kinds a report on our. choose your language because we can we know if you're going to. choose to use the consensus here. choose...
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greece prepares for yet another twenty four hour standstill as people protest against growing cops and the disintegrating economy the details all matter just ahead here altie. already lost all three space been falling but farewell to their families and gear up for a five month trip to the stars and they just addition to the space station team is set to lift off from kazakhstan. shortly here. the riney that takes your breath away through eating across the sky is always a mohnish good you know the biggest salt lake in europe and more than two hundred species of birds but also it is them are on the verge of extinction on these islands in the south of russia they find shelter before migrating to other parts of the world paladins as well as other species of the monish who do low feed and face these words are waiting for their parents to bring them food to the best cash for them is in a small area of the lake where the water is relatively fresh as fish cannot survive in the salty a part of the money and the lakes getting sold here every year the monish the dealers and all two fish oil reserv
greece prepares for yet another twenty four hour standstill as people protest against growing cops and the disintegrating economy the details all matter just ahead here altie. already lost all three space been falling but farewell to their families and gear up for a five month trip to the stars and they just addition to the space station team is set to lift off from kazakhstan. shortly here. the riney that takes your breath away through eating across the sky is always a mohnish good you know...
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melissa: some shocking news out of greece now. unintended consequence of its 2 dal billion euro health care debt is making it nearly impossible for hospitals to buy basic supplies like gloves, syringes, let alone crucial medications. on top of that massive layoffs mean fewer doctors and nurses are treating more patients. the severe lack of medical supplies is making much more easy for disease to spread especially from a country whose main industry is tourism. we have lee vinokur from louisiana university shreveport. thanks for joining us. >> my pleasure. melissa: how serious of a problem is this? >> it is a true greek tragedy because the greeks were somewhat responsible. at one point their health care system covered everybody for everything, the most expensive medicines. it was 10% of their gdp. and then the imf put them on strict austerity. they had a huge debt. they were borrowing a lot to cover medications and such. and the austerity budget really cut back to the point where kids aren't getting vaccinated now. there is no vacci
melissa: some shocking news out of greece now. unintended consequence of its 2 dal billion euro health care debt is making it nearly impossible for hospitals to buy basic supplies like gloves, syringes, let alone crucial medications. on top of that massive layoffs mean fewer doctors and nurses are treating more patients. the severe lack of medical supplies is making much more easy for disease to spread especially from a country whose main industry is tourism. we have lee vinokur from louisiana...
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Dec 31, 2012
12/12
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a much smaller number have made their way to greece. this report from lesbos just off the coast of turkey. >> the immigrants who wash ashore on the greek islands are now struggling with their first european winter. they are somalis, afghanistan annies, and, increates -- increasingly, syrians. all at a camp run by volunteers who provide food and shelter the this is ahmed, who has just arrived from aleppo with a vague plan to find his brothner athens. >> our life is destroyed in syria. we cannot stay in syria. the war airplanes float in the sky and bombing the houses, we cannot stay in syria. >> the turkish mainland is not far behind me. it's not far away but the journey is very dangerous. the boats supplied by people smugglers are often old and in bad condition, and at this time be year the seas could be very rough. not everyone makes it across. these were afghanis. more than 20 drowned. here is the only survivor, who was fished half-dead and freezing cold out of the sea by greek coast guards. now trying to call friends and family to tel
a much smaller number have made their way to greece. this report from lesbos just off the coast of turkey. >> the immigrants who wash ashore on the greek islands are now struggling with their first european winter. they are somalis, afghanistan annies, and, increates -- increasingly, syrians. all at a camp run by volunteers who provide food and shelter the this is ahmed, who has just arrived from aleppo with a vague plan to find his brothner athens. >> our life is destroyed in...
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greece prepares for yet another twenty four hour standstill as people protest against great car and a disintegrating economy the details are just ahead here on r.t.e. stay with the. richest law often enough and knows that to ride a horse you've got to catch it first. for him it's a daily routine that you're soft as a force breeder on the island of a horn at the heart of. his life on an isolated farm is about blue sky green grass and his horse is what sometimes it gets lonely here horses have become part of me now i've fallen off so many times sometimes big bites as well it's part of my everyday life. been home to it the rats locally just laugh for centuries most still live off the land of cattle and fish. my call is often called the pearl of siberia horn is said to be the pearl of by call it's all end of fake forests. and vast staps. virtually undiscovered by tourists until some twenty years ago i haunt us quickly become a magnet for nature lovers and if you will seekers you're quite some way from civilization here accommodation on the island is very basic so you can forget about a t.
greece prepares for yet another twenty four hour standstill as people protest against great car and a disintegrating economy the details are just ahead here on r.t.e. stay with the. richest law often enough and knows that to ride a horse you've got to catch it first. for him it's a daily routine that you're soft as a force breeder on the island of a horn at the heart of. his life on an isolated farm is about blue sky green grass and his horse is what sometimes it gets lonely here horses have...
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is this is side you think that greece is on the road to recovery in a better bet these days or not going to. listen to music. but unfortunately. there. isn't an easy to. just give you an example. as we thought. but of course it's easy for your to so will use to determine experience so. will you see. more and. more stuff in for people with. so it's going to get tougher for angela merkel to get the there the backing to do this and it's going to get tougher for greece to come cap in hand in the future and is well let's let's talk about what the public think of it in germany gather some sixty percent of germans would rather see greece kicked out of the euro zone rather than pour more cash into it even if it's even as it stands at the moment along and you think can't keep up her financial support or is this the edward well you know. the. the oregon national audience is and look of you know. for recent it's not exactly a problem or for this between countless interest through the. economic divide between the sides in the north but long as the new congress we're going to see that clearly or spen
is this is side you think that greece is on the road to recovery in a better bet these days or not going to. listen to music. but unfortunately. there. isn't an easy to. just give you an example. as we thought. but of course it's easy for your to so will use to determine experience so. will you see. more and. more stuff in for people with. so it's going to get tougher for angela merkel to get the there the backing to do this and it's going to get tougher for greece to come cap in hand in the...
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Dec 29, 2012
12/12
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greece and spain were the worst hit. >> eventually, it was the european central bank's controversial bond-buying program that manage to come down the markets -- calm down the markets. >> germany's finance minister says he thinks the worst is behind us. is he right? >> the wildfires in 2012 were the worst spain had experienced in years, but it was not the only disaster the country had to deal with. the financial sector was also in flames. right from the beginning of the year, it was clear that the eurozone had a tough time ahead. credit rating agencies handed out significant downgrades to spain and portugal in particular. europe's firefighting coalition of finance ministers hoped a fiscal pact with tight budgetary controls and national debt breaks would need future crises in the bud, but some economists were more realistic. >> the fiscal pact was basically superfluous. we already knew that all the countries were trying to cut back. weather or not they continue making cuts in 2018, which is what the fiscal pact promise, is of little interest to the markets. >> agrees also posed a chall
greece and spain were the worst hit. >> eventually, it was the european central bank's controversial bond-buying program that manage to come down the markets -- calm down the markets. >> germany's finance minister says he thinks the worst is behind us. is he right? >> the wildfires in 2012 were the worst spain had experienced in years, but it was not the only disaster the country had to deal with. the financial sector was also in flames. right from the beginning of the year,...
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was part of the second bailout loans which greece started receiving. it's not the banks that have failed it's. the economic situation that was created that has decimated the greek banking sector which was. one among the most resilient. in europe it was not a never exposed to toxic instruments will function fine but then came the now these banks are now nonetheless if these bags do need a bailout i guess some of the brunt of that is going to fall on the public isn't it . oh no most of it is going to fall to the dock on the public because the loans on which. this recapitalization of the banking sector is going to greece are coming from. the troika e.u. i.m.f. and the e.c.b. and they are going to be paid they're going to be part of the big national debt which is going to be paid by the greek taxpayer who is already blackly so it does is also it is bad news for the greek public. communal immediately a very short. yes i can last question tears on how do you assess this whole bailout policy the whole bailout strategy for greece the you say your country when
was part of the second bailout loans which greece started receiving. it's not the banks that have failed it's. the economic situation that was created that has decimated the greek banking sector which was. one among the most resilient. in europe it was not a never exposed to toxic instruments will function fine but then came the now these banks are now nonetheless if these bags do need a bailout i guess some of the brunt of that is going to fall on the public isn't it . oh no most of it is...
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Dec 13, 2012
12/12
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greece is buying back bonds. it exceeds the 30 billion euro target. greece had been seeking investors willing to accept at 30 to 40% of the bond's face value. the program is designed to reduce the debt burden. analysts estimate greece will be able to shave about 20 billion euro's off its debt. this will clear the way for greece to receive a new infusion of more than 43 billion euros in aid from the eu and other principal lenders. the organization of petroleum export and countries held a general meeting in vienna yesterday. representatives of the 12 oil exporters agreed to retain the current production target of 30 million barrels a day. they say supply is sufficient and prices are appropriate for the moment. prices in new york of benchmark crude futures have been relatively stable since the summer at just around $85 a barrel. this is against a background of slower economic recovery. opec expects demand for crude to rise as the dploe ball economy picks up. some analysts say opec could consider cutting output. here is a check on markets. >>> nhk special
greece is buying back bonds. it exceeds the 30 billion euro target. greece had been seeking investors willing to accept at 30 to 40% of the bond's face value. the program is designed to reduce the debt burden. analysts estimate greece will be able to shave about 20 billion euro's off its debt. this will clear the way for greece to receive a new infusion of more than 43 billion euros in aid from the eu and other principal lenders. the organization of petroleum export and countries held a general...
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Dec 9, 2012
12/12
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WBAL
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>> greece is a perfect example when you continue to borrow from the future, which is what we're doing right now. so if you don't deal with entitlement reform now, if you don't say to people under 50, things are going to be different, what happens is you get to the point where you're in greece and you tell an 85-year-old, you used to get $150 euros a month and now you're not. chris: the medicine is the cure. >> the comparisons between the united states and greece which republicans like to make are so wildly -- chris: what is the apt comparison if this country doesn't get its act together? >> the united states really is unique. we are still the world's store -- chris: can we bank on the fact that we're the currency of the world and we can keep running enormous deficits? >> we have the ability to issue debt in our own currency and make it credibility. nobody else can do that and people keep buying it. two more quick points, chris, about this what we are seeing now. first, the president has taken leadership of his own party, something he really didn't do during his first term and right ou
>> greece is a perfect example when you continue to borrow from the future, which is what we're doing right now. so if you don't deal with entitlement reform now, if you don't say to people under 50, things are going to be different, what happens is you get to the point where you're in greece and you tell an 85-year-old, you used to get $150 euros a month and now you're not. chris: the medicine is the cure. >> the comparisons between the united states and greece which republicans...
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ratings agency standard and poor's is raised the credit rating of greece's sovereign debt this comes just hours before a planned twenty four on nationwide strike as people continue venting their frustration at budget cuts on monday athens received its second tranche of funds from the e.u. and the international monetary fund however as one expert says despite the much anticipated cash the greek economy is far from salvation. the fact that the ratings agencies gave us a higher rating to begin bonds and yet there's going to be a strike in the case what's happened to that right now you know after community i.m.f. the e.c.b. and easy to have some work towards austerity which makes investors happy but of course makes the people angry and so you can see this strike going on and people a lot of people getting very upset in greece while the investor community is relatively happy because you know there is more greater safeguards that their money is going to be returned to them in the form of bonds so i think that you going to continue to see this is exactly where you'll go up and the people ar
ratings agency standard and poor's is raised the credit rating of greece's sovereign debt this comes just hours before a planned twenty four on nationwide strike as people continue venting their frustration at budget cuts on monday athens received its second tranche of funds from the e.u. and the international monetary fund however as one expert says despite the much anticipated cash the greek economy is far from salvation. the fact that the ratings agencies gave us a higher rating to begin...
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greece is preparing for yet another twenty four hour standstill as people protest against growing cuts on the city to breaking economy the details are just ahead. and sold ready for blastoff three spacemen through the film farewell to the families so you're up for a five month trip to the start the latest addition to the space station team set lift off from kazakhstan as we'll show you shortly here and i'll take. the sun rises over what seems like and most forest here in new directions crime hundred kilometers north of light of all stalk as in much of the world it's disappearing at a catastrophic rate. mortgages both illegal and those finding ways to outsmart the system for filing down the forests of the region for them profit goes well beyond the future of our planet and the result could be an ecological crisis we are on the hunt for illegal loggers and it's not going to be easy to forests. and our chances are slim now for now we can stay in our dream but as soon as we find quality tracks we'll have to drop our wheels and get out silently in order not to scare the loggers off. xander
greece is preparing for yet another twenty four hour standstill as people protest against growing cuts on the city to breaking economy the details are just ahead. and sold ready for blastoff three spacemen through the film farewell to the families so you're up for a five month trip to the start the latest addition to the space station team set lift off from kazakhstan as we'll show you shortly here and i'll take. the sun rises over what seems like and most forest here in new directions crime...
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people angry and soon to see this strike going on and people a lot of people getting very upset in greece while the investor community is relatively happy because you know there was more greater safeguards that their money is going to be returned to them in the form of bonds so i think that you going to continue to see this is exactly where you'll go up and the people are happier but the investor community is less happy and they're going to have a swerves to the right where you have more austerity making people more angry and more riots and more protests and more strikes and yet investors feeling more secure in in the bonds of a buying greeks even money this crisis is far from over we never. mean president the europeans have yet to solve the basic problem that the european peripheral countries are insolvent based simply do not have the money to pay back all the money that they have borrowed and because of that fact which is incontrovertibly we are going to come to a day of reckoning of some point the issue becomes when is that day going to happen and how far will the pm of europe perhaps
people angry and soon to see this strike going on and people a lot of people getting very upset in greece while the investor community is relatively happy because you know there was more greater safeguards that their money is going to be returned to them in the form of bonds so i think that you going to continue to see this is exactly where you'll go up and the people are happier but the investor community is less happy and they're going to have a swerves to the right where you have more...
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for greece if it's requested i think. you know. nobody knows for sure how much money. we all know how much money we are. approaching believe the amount of money but. what is a big figures we're talking about isn't it i mean international creditors have recently approved another tranche of aid for greece which comes at a high price for the country's population while struggling greeks now bear the brunt of the bank's losses do you think. we had a few technical problems there we just lost our guest but of course try and get hold of it later. ok well let's move on now with britain preparing to pull its troops out of afghanistan the u.k. is counting its losses in more ways than one when the full one hundred british soldiers have been killed in a war which has so far cost the government a tremendous seventeen billion pounds and artie's a explains the sum is raising a few eyebrows especially with austerity cuts being felt at home. seventeen billion pounds the british government has just revealed that that's been the cost of the so far eleven here war in afghanistan now it was
for greece if it's requested i think. you know. nobody knows for sure how much money. we all know how much money we are. approaching believe the amount of money but. what is a big figures we're talking about isn't it i mean international creditors have recently approved another tranche of aid for greece which comes at a high price for the country's population while struggling greeks now bear the brunt of the bank's losses do you think. we had a few technical problems there we just lost our...
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well greece's prime minister and his visitor to bavaria in an attempt to restore some faith in athens his trip to the wealthy german region came after greece sudden motion a complex financial operation to buy back some of the country's debt reduce prices the goal is to cut the national debt by around twenty billion euros to qualify for more financial aid from the european union and the international monetary fund samaras says visit comes less than two weeks after greece's creditors agreed to extend to billions in additional financing george catalysts an attorney and constitutional lawyer believes the way to the e.u. believes the way that the e.u. chose to deal with a crisis is unsustainable. but unfortunately. there's. a huge. if you do so such a lucid. german taxpayers show. you this simple you see this your usual more of more stuff in for people with glee i will go to. and the euro crisis is also a hot topic at r.t. dot com as we report on the thousands of spanish medical workers who are marching through my dread and protests against cut to health care as well as plans to sell off p
well greece's prime minister and his visitor to bavaria in an attempt to restore some faith in athens his trip to the wealthy german region came after greece sudden motion a complex financial operation to buy back some of the country's debt reduce prices the goal is to cut the national debt by around twenty billion euros to qualify for more financial aid from the european union and the international monetary fund samaras says visit comes less than two weeks after greece's creditors agreed to...
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Dec 29, 2012
12/12
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FBC
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we're not a socialist country yet and greece is a whole different ball of wax. rich, the discussion about the econy, the spending cuts that they're talking about do put people out of work and that would have a negative effect on the economy, would it not? >> it would, adam. real quick, a bit of news here. president obama will deliver a statement at 4:45, something i imagine we'll cover live here on fox business. adam: we will. >> 5:45 president obama deliver as statement here at the white house. as far as spending cuts are concerned, you see this argument, you typically hear republicans say, government spending doesn't create jobs. however when it comes to a number of defense cuts when it hits in their districts a number of them, if it hits companies in their districts well you have to stop defense cuts using an economic argument. when you talk about the $94 billion, well, yes there are economic effects that will be felt, the $94 billion in cuts down as sequester, you have to put that in perspective the sandy supplemental bill started out $60 billion. one storm
we're not a socialist country yet and greece is a whole different ball of wax. rich, the discussion about the econy, the spending cuts that they're talking about do put people out of work and that would have a negative effect on the economy, would it not? >> it would, adam. real quick, a bit of news here. president obama will deliver a statement at 4:45, something i imagine we'll cover live here on fox business. adam: we will. >> 5:45 president obama deliver as statement here at the...
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Dec 24, 2012
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this country is not becoming greece. this country -- this country, frankly, has a big unemployment problem. we have a deficit problem in the short term, not the long term. it's not a real problem now. our bonds selling higher than before and lower interest rates. it's not an immediate problem. he's saying what's worse. what he is saying is use blackmail on the entire economy like a gangster. pity if it happens to blow up. not increasing the debt ceiling -- >> already did that before. they have done it before. >> they have. >> and will do it again. >> frankly, that is obnoxious beyond belief. the president should not concede or negotiate on that basis at all. >> the president is adamant on the fact that's not a part of this conversation. >> it cannot be a part of any conversation. the debt ceiling is not a question of borrowing more. you determine how much deficit you will have passing the budget two, three, four years ago. >> correct. >> to say you won't raise the debt ceiling is to say you're not going to pay the bills
this country is not becoming greece. this country -- this country, frankly, has a big unemployment problem. we have a deficit problem in the short term, not the long term. it's not a real problem now. our bonds selling higher than before and lower interest rates. it's not an immediate problem. he's saying what's worse. what he is saying is use blackmail on the entire economy like a gangster. pity if it happens to blow up. not increasing the debt ceiling -- >> already did that before. they...
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Dec 21, 2012
12/12
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we are heading down the same path that greece did. right now the democrats are talking about raising taxes on the top 2%. if we do not stop the spending, we will be back here again maybe one year from now saying, maybe we need to raise taxes on the top 25% or 50%. then everybody will be taxed and we will run out of money. what is going to happen is the federal government is not going to be able to take care of its obligations. you are not going to be able to have safety nets. social security and medicare are going broke. we have to fix those of those who are dependent on those systems can get them. continuing to spend money like both parties have been doing the, wild spending is going to lead us to be just like greece. we are not going to be able to take care of the poor or the needy or take care of senior citizens. we have to stop spending. host: this is fiscal year 2010, but it has not changed significantly in terms of percentage. 41% of the federal budget. not defense appropriations 19%. defense spending 20%. the national debt 6%.
we are heading down the same path that greece did. right now the democrats are talking about raising taxes on the top 2%. if we do not stop the spending, we will be back here again maybe one year from now saying, maybe we need to raise taxes on the top 25% or 50%. then everybody will be taxed and we will run out of money. what is going to happen is the federal government is not going to be able to take care of its obligations. you are not going to be able to have safety nets. social security...
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Dec 18, 2012
12/12
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good morning, everyone, 50 billion dollars flowing into greece. it will never be repaid. new figures show the country in a deep depression. 11 million people owe a half trillion dollars. back home, speaker boehner and president obama are a little closer to a deal and both have given some ground on taxes and spending. the markets like it. right now john boehner is trying to sell it to his party. across the country, record gun sales over the weekend. "varney & company" about to begin. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >> we have breaking news right now on the debate within the republican party about the fiscal cliff deal. rich edson has what, what is being discussed here, what is the latest, rich? >> a plan b on the fiscal cliff on taxes, stuart. this is coming from house speaker john boehner who is addressing republicans right now. we have a source in the room
good morning, everyone, 50 billion dollars flowing into greece. it will never be repaid. new figures show the country in a deep depression. 11 million people owe a half trillion dollars. back home, speaker boehner and president obama are a little closer to a deal and both have given some ground on taxes and spending. the markets like it. right now john boehner is trying to sell it to his party. across the country, record gun sales over the weekend. "varney & company" about to...
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well transport grinds to a halt and services shut their doors in greece a twenty four hour nationwide strike sees people vent their fury despite a new challenge of bailout cash that story had feared. that in a few minutes time we watching a live liftoff to space russia so use rocket progress to take a crew of three to the international space station all that and more after this break. which is laugh near enough and knows that to ride a horse you've got to catch it first. for him it's a daily routine that you're soft as a horse breeder on the island of a horn at the heart of bike of his life on an isolated farm is about blue sky green grass and his horse is worthless sometimes it gets lonely here but horses have become part of me now i've fallen off so many times sometimes they bite as well it's part of my everyday life. i holmes been home to it make the rats like me just laugh for centuries most still live off the land the cattle and fish. if my call is often called the pearl of siberia and horn is said to be the pearl of by. it's a land of fake forests. and vast staps. virtually undi
well transport grinds to a halt and services shut their doors in greece a twenty four hour nationwide strike sees people vent their fury despite a new challenge of bailout cash that story had feared. that in a few minutes time we watching a live liftoff to space russia so use rocket progress to take a crew of three to the international space station all that and more after this break. which is laugh near enough and knows that to ride a horse you've got to catch it first. for him it's a daily...
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greece has ground to a halt with public sector workers walking out of the jobs in a twenty four hour nationwide strike aimed at putting pressure on the government over tough cuts recent good news such as the latest challenge of a baby that cash on a decision by ratings agency standard and poor's to raise the country's credit rating has done little to dissipate public anger or crisis a strategist comes out of there a says that neither piece of news is of a tangible benefit to the struggling population. the fact that the ratings agencies gave us higher rating to be green bombs and yet there's a strong indicator what's happened to that right now the international community b i and that's the e.c.b. and you see have two wars austerity which makes investors happy but of course makes the people angry and so you can see this strike going on and people a lot of people get very upset in greece while the best community is relatively happy because you know there is more greater safeguards that their money is going to be returned to them in the form of bonds so i think that you going to continue
greece has ground to a halt with public sector workers walking out of the jobs in a twenty four hour nationwide strike aimed at putting pressure on the government over tough cuts recent good news such as the latest challenge of a baby that cash on a decision by ratings agency standard and poor's to raise the country's credit rating has done little to dissipate public anger or crisis a strategist comes out of there a says that neither piece of news is of a tangible benefit to the struggling...
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but in the long run it's a healthier economy that doesn't go down the path of greece. if the long run greece would have low unemployment, but they do not, but yes, we're going to go a percent, if it happen the worse case scenario, but in five years we won't be notble to borrow money. >> brenda: julian, you can go ahead and respd. >> first of all, the ernst & young study has been debunked over and over. and number two, the bush tax cuts,f you let the bush tax cuts. the crs study was a republican study and found the same thing as the cbo. if you letush tax cuts expire on everybody, yes, you would have negative economic impact. the two staetudies done recentl shows the top two rates, top 2%, virtually no impact. to jonas' point if you raise taxes a the lot and cut spending a lot and so austerity plan, that would have an impact. democrats were fopouring more money into the compl with stimulus and republicans wanted austerity and jonas' point is an argument against what conservatives were pushing for. >> brenda: all right. toby. >> what's the question? >> driving a smart ca
but in the long run it's a healthier economy that doesn't go down the path of greece. if the long run greece would have low unemployment, but they do not, but yes, we're going to go a percent, if it happen the worse case scenario, but in five years we won't be notble to borrow money. >> brenda: julian, you can go ahead and respd. >> first of all, the ernst & young study has been debunked over and over. and number two, the bush tax cuts,f you let the bush tax cuts. the crs study...
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Dec 27, 2012
12/12
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similarly in greece. so, you had executives coming to greece, bribing politicians. the greek government -- they did not listen. then 2008. the conservative prime minister, he is not a stupid man. he was a terrible prime minister, but he is not a stupid man. you know what he did? he bailed out. he has not spoken since. he affectively called for a general election. he did not contest it. it was much worse than obama's first debate. he appeared before them and was like "don't vote for me." he lost that election. he did not have to call for that election. he called for it to lose it, to stay at home. he has not spoken since. he is having a nice holiday. and then there was papandreou. i was an advisor up until 2006. so i am not to blame. who unfortunately, he did not see the crisis of the eurozone collapsing. the eurozone had no foundation. there was an earthquake. it starts unraveling with greece. now, let's say between 1995 and 2008 god and his angels descended on an athens and ran the show. with rationality, omniscience, ethos, and morality. greece would not have been
similarly in greece. so, you had executives coming to greece, bribing politicians. the greek government -- they did not listen. then 2008. the conservative prime minister, he is not a stupid man. he was a terrible prime minister, but he is not a stupid man. you know what he did? he bailed out. he has not spoken since. he affectively called for a general election. he did not contest it. it was much worse than obama's first debate. he appeared before them and was like "don't vote for...
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Dec 25, 2012
12/12
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germany can affo to bailout greece. nobody can afford to bailout the united states, and i would agree actually th bill archer that i think he understated. if you take the total debt situation, you're talking about just shy of three-quarters of a million dollars for the -- per american family. so you get a cup of coffee from a waitress in the diner, think of loading three-quarters of a million dollars of debt on to her shoulders for what? for what? does nothing to show for. lou: her children and their children that will be paying a large measure of that. great to have you with us. making spirits bright. and after america with one of the ugliest pictures of an american cadaver toe tag to. >> doom and the oven is the into debt. lou: at least some balance here. you know how much are presidenta taxes on our middle-class. >> the bill is passed. lou: the house passes the stem emigration bill. some democrats call it racist and pandering. how is that? and republicans also introduced the achieve act. other republicans taking the
germany can affo to bailout greece. nobody can afford to bailout the united states, and i would agree actually th bill archer that i think he understated. if you take the total debt situation, you're talking about just shy of three-quarters of a million dollars for the -- per american family. so you get a cup of coffee from a waitress in the diner, think of loading three-quarters of a million dollars of debt on to her shoulders for what? for what? does nothing to show for. lou: her children and...
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but it's not only greece or spain trying to stay afloat during times of punishing austerity the u.k. is also wrestling with deep cuts and a controversial budget which is being felt particularly hard in northeast england as their first discovered people in the region feel they're being left to suffer alone and factory closures and rising unemployment. as he'll saying impressing gays it's grim up north it's a perception of life in some of the nation's other major cities recessions hit the case hard it's been in the northeast where it's being felt particularly acutely trade union leader val scott furious with the government's decision to close sunderland's rempel a factory it's a government venture that began back in the 1940's to provide employment the people with disabilities two weeks before christmas the government going to close the packaging factories and leaves a very bleak future for disabled workers cannot stops was laid off from another rempel a factory back in april and accuses the government of forcing people out of paid jobs and on to a life of welfare we were told in the w
but it's not only greece or spain trying to stay afloat during times of punishing austerity the u.k. is also wrestling with deep cuts and a controversial budget which is being felt particularly hard in northeast england as their first discovered people in the region feel they're being left to suffer alone and factory closures and rising unemployment. as he'll saying impressing gays it's grim up north it's a perception of life in some of the nation's other major cities recessions hit the case...
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together they'll need around twenty seven billion euros worth of loans to stay afloat greece has been relying on international bailout fund since twenty tenors economists dimitrius you're not police says it's orderly greeks who are bearing the brunt of the bank's losses the loans on which. this recapitalization of the bank sector is going to decrease are coming from the the troika the e.u. the i.m.f. and the e.c.b. and they are going to be aid they're going to be part of the and it national debt which is going to be paid by the greek taxpayer and we had forty thousand small businesses closing in closing this year alone three hundred additional thousand of job losses as a total unemployment rate of twenty six percent so we have really. on the one hand austerity on the other hand the bank inability to provide liquidity for the market. gracefully preparing for another year of painful cuts and tax hikes them but for a wider outlook where the global economy stands at the end of twenty twelve we ask each of the cards report to get a moment thirty pm g.m.t. . it's been five years since the b
together they'll need around twenty seven billion euros worth of loans to stay afloat greece has been relying on international bailout fund since twenty tenors economists dimitrius you're not police says it's orderly greeks who are bearing the brunt of the bank's losses the loans on which. this recapitalization of the bank sector is going to decrease are coming from the the troika the e.u. the i.m.f. and the e.c.b. and they are going to be aid they're going to be part of the and it national...
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the international monetary fund have imposed on greece spain and portugal and ireland over the last few years the demand for austerity is precisely the reason that youth unemployment in greece is now around fifty percent and approaching similar levels in much of the rest of southern europe it's the e.u. this being the problem here it's not being part of the solution in any way part of the issue here is the european union has as never been a democratic project in the past i think it was accepted by people because it delivered the goods it looked like that you'd have more press prosperous societies economic success maybe even paste you have a group of countries that will agree on some things but won't agree on everything and when you start to push them together when they start to end up in a deep economic crisis it's also a crisis of institutions of course they start to squabble and that's what we've seen over the last few years no real agreement on what to do next because everyone has their own somewhat divergent interests and that's germany doesn't want to carry the can for failing gree
the international monetary fund have imposed on greece spain and portugal and ireland over the last few years the demand for austerity is precisely the reason that youth unemployment in greece is now around fifty percent and approaching similar levels in much of the rest of southern europe it's the e.u. this being the problem here it's not being part of the solution in any way part of the issue here is the european union has as never been a democratic project in the past i think it was accepted...